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Snakedoo

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- SnakedooSnakedoo
  ·2022-07-14
  Crypto is a disruptive technology. No fundamentals for it for now. Best to stay away investing on them or even starting up a business that has something to do with crypto and blockchains. Very volatile and unstable. Onlysuitable for those with lots of dough and orgs supported by government.
  Crypto Firms Run Into Hardships
  Crypto firms, which boomed during the COVID-19 pandemic, have run into difficulties recently due to
  Crypto Firms Run Into Hardships
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- SnakedooSnakedoo
  ·2022-06-02
  Buy and hold for long term?
  Sorry, this post has been deleted
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- SnakedooSnakedoo
  ·2022-05-16
  Sell
  Twitter Fell Over 4% in Morning Trading After Musk Said Twitter Legal Team Told Him He Violated an NDA
  Twitter fell over 4% in morning trading after Musk said Twitter legal team told him he violated an N
  Twitter Fell Over 4% in Morning Trading After Musk Said Twitter Legal Team Told Him He Violated an NDA
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- SnakedooSnakedoo
  ·2022-04-25
  Dont be too harsh on Mr Gates. After what he has experienced with Mr Arif Naqvi and his Gates Foundation; he's just taking a very much needed precaution. If things turns to be positive he can always take the loss and reverse his position ~ anytime anyday. What'sup with Elon acting up? Relax!
  Tesla's Elon Musk Turns on Bill Gates Over Tesla Short
  Nice to see billionaires keeping their priorities straight, as usualA series of leaked texts reveal
  Tesla's Elon Musk Turns on Bill Gates Over Tesla Short
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It listed estimated assets and liabilities on a consolidated basis in the range of $1 billion to $10 billion, according to a court filing.</p><p>A day earlier, Vermont&#39;s Department of Financial Regulation (DFR) had said it believed Celsius was &#34;deeply insolvent&#34; and did not have the assets and liquidity to honour its obligations to customers and other creditors.</p><p><b>Vauld</b></p><p>The Singapore-based company said on July 4 it had suspended withdrawals for its more than 800,000 customers. In a blog post, Vauld said it was facing &#34;financial challenges&#34; due to volatile market conditions.</p><p>&#34;The financial difficulties of our key business partners inevitably affecting us,&#34; the company said, adding that customers had withdrawn around $200 million since June 12.</p><p><b>Babel Finance</b></p><p>The Hong Kong-based crypto lender said it had temporarily suspend withdrawals and redemption of crypto assets on June 17, as the company scrambles to pay its clients.</p><p>&#34;Due to the current situation, Babel Finance is facing unusual liquidity pressures,&#34; the company said, highlighting high volatility of the digital currency market.</p><p><b>Coinbase Global Inc</b></p><p>The cryptocurrency exchange said on June 14 it would cut about 1,100 jobs, or 18% of its workforce.</p><p>&#34;We appear to be entering a recession after a 10+ year economic boom. A recession could lead to another crypto winter, and could last for an extended period,&#34; CEO Brian Armstrong said in a blogpost.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto Firms Run Into Hardships</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto Firms Run Into Hardships\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-14 20:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/factbox-crypto-firms-run-hardships-124533964.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crypto firms, which boomed during the COVID-19 pandemic, have run into difficulties recently due to a slump brought on by the downfall of a major token in May and a global risk-off sentiment.Below are...</p>\n\n<a href=\"https://finance.yahoo.com/news/factbox-crypto-firms-run-hardships-124533964.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/factbox-crypto-firms-run-hardships-124533964.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124501078","content_text":"Crypto firms, which boomed during the COVID-19 pandemic, have run into difficulties recently due to a slump brought on by the downfall of a major token in May and a global risk-off sentiment.Below are some of the firms that have run into trouble recently:Terraform LabsThe South Korea-based company, which is behind the dollar-pegged stablecoin TerraUSD and its paired token Luna, plunged in value in May, sparking sell-offs and igniting a chain reaction.The company's co-founder, Do Kwon, announced in May a \"recovery plan\", with additional outside funding and rebuilding of TerraUSD so that it is backed by reserves rather than relying on an algorithm to maintain its 1:1 dollar peg.An official at South Korea's Supreme Prosecutors' Office said on June 21 that several employees of Terraform had been put on a no-fly list and cannot leave the country.Voyager DigitalThe U.S.-based crypto lender said on July 6 it had filed for bankruptcy.In its Chapter 11 bankruptcy filing, Voyager estimated that it had more than 100,000 creditors and somewhere between $1 billion and $10 billion in assets, and liabilities worth the same value.Three Arrows Capital (3AC)The Singapore-based crypto hedge fund sought protection from creditors under Chapter 15 of the U.S. bankruptcy code, which allows foreign debtors to shield U.S. assets, according to a court filing on July 1.Liquidators for 3AC obtained U.S. court permission on July 12 to issue subpoenas and lay claim to its assets, noting that 3AC's missing-in-action founders no longer control its accounts.Celsius NetworkNew Jersey-based Celsius said on July 13 it had filed for bankruptcy. It listed estimated assets and liabilities on a consolidated basis in the range of $1 billion to $10 billion, according to a court filing.A day earlier, Vermont's Department of Financial Regulation (DFR) had said it believed Celsius was \"deeply insolvent\" and did not have the assets and liquidity to honour its obligations to customers and other creditors.VauldThe Singapore-based company said on July 4 it had suspended withdrawals for its more than 800,000 customers. In a blog post, Vauld said it was facing \"financial challenges\" due to volatile market conditions.\"The financial difficulties of our key business partners inevitably affecting us,\" the company said, adding that customers had withdrawn around $200 million since June 12.Babel FinanceThe Hong Kong-based crypto lender said it had temporarily suspend withdrawals and redemption of crypto assets on June 17, as the company scrambles to pay its clients.\"Due to the current situation, Babel Finance is facing unusual liquidity pressures,\" the company said, highlighting high volatility of the digital currency market.Coinbase Global IncThe cryptocurrency exchange said on June 14 it would cut about 1,100 jobs, or 18% of its workforce.\"We appear to be entering a recession after a 10+ year economic boom. A recession could lead to another crypto winter, and could last for an extended period,\" CEO Brian Armstrong said in a blogpost.","news_type":1},"isVote":1,"tweetType":1,"viewCount":322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9050888475,"gmtCreate":1654168657098,"gmtModify":1676535405753,"author":{"id":"4111481020967462","authorId":"4111481020967462","name":"Snakedoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111481020967462","authorIdStr":"4111481020967462"},"themes":[],"htmlText":"Buy and hold for long term?","listText":"Buy and hold for long term?","text":"Buy and hold for long term?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050888475","repostId":"2240840092","repostType":4,"isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9029992089,"gmtCreate":1652711428041,"gmtModify":1676535146489,"author":{"id":"4111481020967462","authorId":"4111481020967462","name":"Snakedoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111481020967462","authorIdStr":"4111481020967462"},"themes":[],"htmlText":"Sell&nbsp;","listText":"Sell&nbsp;","text":"Sell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9029992089","repostId":"1150252716","repostType":4,"repost":{"id":"1150252716","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1652708346,"share":"https://ttm.financial/m/news/1150252716?lang=&edition=fundamental","pubTime":"2022-05-16 21:39","market":"us","language":"en","title":"Twitter Fell Over 4% in Morning Trading After Musk Said Twitter Legal Team Told Him He Violated an NDA","url":"https://stock-news.laohu8.com/highlight/detail?id=1150252716","media":"Tiger Newspress","summary":"Twitter fell over 4% in morning trading after Musk said Twitter legal team told him he violated an N","content":"<html><head></head><body><p>Twitter fell over 4% in morning trading after Musk said Twitter legal team told him he violated an NDA.<img src=\"https://static.tigerbbs.com/831221f9db01cc2c36211498895c56b1\" tg-width=\"766\" tg-height=\"576\" referrerpolicy=\"no-referrer\"/></p><p>Elon Musk on Saturday tweeted that Twitter&#39;s legal team accused him of violating a nondisclosure agreement by revealing that the sample size for the social media platform&#39;s checks on automated users was 100.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Twitter Fell Over 4% in Morning Trading After Musk Said Twitter Legal Team Told Him He Violated an NDA</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTwitter Fell Over 4% in Morning Trading After Musk Said Twitter Legal Team Told Him He Violated an NDA\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-16 21:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Twitter fell over 4% in morning trading after Musk said Twitter legal team told him he violated an NDA.<img src=\"https://static.tigerbbs.com/831221f9db01cc2c36211498895c56b1\" tg-width=\"766\" tg-height=\"576\" referrerpolicy=\"no-referrer\"/></p><p>Elon Musk on Saturday tweeted that Twitter&#39;s legal team accused him of violating a nondisclosure agreement by revealing that the sample size for the social media platform&#39;s checks on automated users was 100.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150252716","content_text":"Twitter fell over 4% in morning trading after Musk said Twitter legal team told him he violated an NDA.Elon Musk on Saturday tweeted that Twitter's legal team accused him of violating a nondisclosure agreement by revealing that the sample size for the social media platform's checks on automated users was 100.","news_type":1},"isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9084863315,"gmtCreate":1650847936263,"gmtModify":1676534802119,"author":{"id":"4111481020967462","authorId":"4111481020967462","name":"Snakedoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111481020967462","authorIdStr":"4111481020967462"},"themes":[],"htmlText":"Dont be too harsh on Mr&nbsp;Gates. After what he has experienced with Mr Arif Naqvi and his Gates Foundation; he's just taking a very much needed precaution. If things turns to be positive he can always take the loss and reverse his position ~ anytime anyday. What'sup with Elon acting up? Relax!","listText":"Dont be too harsh on Mr&nbsp;Gates. After what he has experienced with Mr Arif Naqvi and his Gates Foundation; he's just taking a very much needed precaution. If things turns to be positive he can always take the loss and reverse his position ~ anytime anyday. What'sup with Elon acting up? Relax!","text":"Dont be too harsh on Mr Gates. After what he has experienced with Mr Arif Naqvi and his Gates Foundation; he's just taking a very much needed precaution. If things turns to be positive he can always take the loss and reverse his position ~ anytime anyday. What'sup with Elon acting up? Relax!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084863315","repostId":"1149720000","repostType":4,"repost":{"id":"1149720000","pubTimestamp":1650772296,"share":"https://ttm.financial/m/news/1149720000?lang=&edition=fundamental","pubTime":"2022-04-24 11:51","market":"us","language":"en","title":"Tesla's Elon Musk Turns on Bill Gates Over Tesla Short","url":"https://stock-news.laohu8.com/highlight/detail?id=1149720000","media":"JOE","summary":"Nice to see billionaires keeping their priorities straight, as usualA series of leaked texts reveal ","content":"<html><head></head><body><p>Nice to see billionaires keeping their priorities straight, as usual</p><p>A series of leaked texts reveal how Elon Musk turned down working with Bill Gates over Tesla stocks. Just billionaire things.</p><p>As highlighted by the Whole Mars Catalog - a semi-parodical and comedic account seemingly dedicated to Mars colonisation and trolling - a number of texts exchanged between Musk and Gates appear to reveal how the former snubbed the fellow billionaire.</p><p>The most frustrating part is that the Microsoft founder apparently reached out to the Tesla CEO regarding &#34;philanthropy possibilities&#34;, but the latter turned it down due to Gates&#39; short position on his company.</p><p>The one time we&#39;d actually want them working together...</p><p><img src=\"https://static.tigerbbs.com/a41175d0325be62840ad4fdef0d866aa\" tg-width=\"624\" tg-height=\"774\" width=\"100%\" height=\"auto\"/></p><p>As you can see, the pair are discussing the stock price of both Space X and Tesla when Musk asks, &#34;Do you still have a half a billion short position against Tesla?&#34;, at which point Gates confirms he hasn&#39;t yet &#34;closed it out&#34;.</p><p>Put in the simplest terms, a short-term position or &#39;shorting&#39; is when a trader sells a security (i.e. a stock or bond) first with the intention of repurchasing it or covering it later at a lower price - essentially betting against a company and banking on its value dropping to the investor&#39;s benefit.</p><p>Verified by Musk himself, it would seem the messages are indeed authentic and although he says he did not leak them - suggesting &#34;friends of friends&#34; got hold of them at the <i>New York Times</i> - he does suggest that he believed Gates was trying to short him by &#34;half a billion&#34;.</p><p><img src=\"https://static.tigerbbs.com/e5f267cc46498c23c7032369151b179a\" tg-width=\"830\" tg-height=\"645\" width=\"100%\" height=\"auto\"/></p><p>Although it is unclear when the texts were originally sent, what this does highlight is how two of the world&#39;s richest men - who actually made money during the pandemic - apparently spurned the opportunity to do valuable philanthropic work over what looks like an increasingly petty business feud.</p><p>In fact, circling back to the <i>New York Times</i>, the outlet recently published a piece detailing how the world is &#34;at the whim&#34; of billionaires like Musk, Gates, Jeff Bezosand so on.</p><p>Homi Kharas, a senior fellow at Brookings think-tank, argues that  “for the first time in history, a small group of private individuals could, if they so choose, materially impact global development at a scale that has previously been the near-exclusive domain of governments” — the rub being that they habitually fall short of this mark.</p><p>Following the minor feud was dug back up, Musk responded in his usual fashion: by tweeting a meme mocking Gates before joking that the post was being reviewed by the &#34;shadow ban council&#34;.</p><p><img src=\"https://static.tigerbbs.com/393cefe5b94373e3213be0dbfa18e187\" tg-width=\"748\" tg-height=\"730\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/aead9bbc40256c5dd3ee2e2e3323499c\" tg-width=\"747\" tg-height=\"772\" width=\"100%\" height=\"auto\"/></p><p>Safe to say that despite once joking the pair were close but weren&#39;t &#34;lovers&#34;, the relationship between the two tech giants has soured over time. The pair have previously been at loggerheads over issues such as covid, electric vehicles and Musk&#39;s plans to colonise Mars.</p><p>Neither Tesla nor the Bill and Melinda Gates Foundation is yet to respond to the leaked messages.</p></body></html>","source":"lsy1650771950902","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla's Elon Musk Turns on Bill Gates Over Tesla Short</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla's Elon Musk Turns on Bill Gates Over Tesla Short\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-24 11:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.joe.co.uk/life/elon-musks-leaked-texts-show-him-turn-down-work-with-bill-gates-over-tesla-drama-331426><strong>JOE</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nice to see billionaires keeping their priorities straight, as usualA series of leaked texts reveal how Elon Musk turned down working with Bill Gates over Tesla stocks. Just billionaire things.As ...</p>\n\n<a href=\"https://www.joe.co.uk/life/elon-musks-leaked-texts-show-him-turn-down-work-with-bill-gates-over-tesla-drama-331426\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","TSLA":"特斯拉"},"source_url":"https://www.joe.co.uk/life/elon-musks-leaked-texts-show-him-turn-down-work-with-bill-gates-over-tesla-drama-331426","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149720000","content_text":"Nice to see billionaires keeping their priorities straight, as usualA series of leaked texts reveal how Elon Musk turned down working with Bill Gates over Tesla stocks. Just billionaire things.As highlighted by the Whole Mars Catalog - a semi-parodical and comedic account seemingly dedicated to Mars colonisation and trolling - a number of texts exchanged between Musk and Gates appear to reveal how the former snubbed the fellow billionaire.The most frustrating part is that the Microsoft founder apparently reached out to the Tesla CEO regarding \"philanthropy possibilities\", but the latter turned it down due to Gates' short position on his company.The one time we'd actually want them working together...As you can see, the pair are discussing the stock price of both Space X and Tesla when Musk asks, \"Do you still have a half a billion short position against Tesla?\", at which point Gates confirms he hasn't yet \"closed it out\".Put in the simplest terms, a short-term position or 'shorting' is when a trader sells a security (i.e. a stock or bond) first with the intention of repurchasing it or covering it later at a lower price - essentially betting against a company and banking on its value dropping to the investor's benefit.Verified by Musk himself, it would seem the messages are indeed authentic and although he says he did not leak them - suggesting \"friends of friends\" got hold of them at the New York Times - he does suggest that he believed Gates was trying to short him by \"half a billion\".Although it is unclear when the texts were originally sent, what this does highlight is how two of the world's richest men - who actually made money during the pandemic - apparently spurned the opportunity to do valuable philanthropic work over what looks like an increasingly petty business feud.In fact, circling back to the New York Times, the outlet recently published a piece detailing how the world is \"at the whim\" of billionaires like Musk, Gates, Jeff Bezosand so on.Homi Kharas, a senior fellow at Brookings think-tank, argues that  “for the first time in history, a small group of private individuals could, if they so choose, materially impact global development at a scale that has previously been the near-exclusive domain of governments” — the rub being that they habitually fall short of this mark.Following the minor feud was dug back up, Musk responded in his usual fashion: by tweeting a meme mocking Gates before joking that the post was being reviewed by the \"shadow ban council\".Safe to say that despite once joking the pair were close but weren't \"lovers\", the relationship between the two tech giants has soured over time. The pair have previously been at loggerheads over issues such as covid, electric vehicles and Musk's plans to colonise Mars.Neither Tesla nor the Bill and Melinda Gates Foundation is yet to respond to the leaked messages.","news_type":1},"isVote":1,"tweetType":1,"viewCount":241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}